Category: Finance Dictionary

Charging extra fees and expenses to make the price more inflated. Or putting family on the payroll to get the most money possible. Or when an owner won’t do basic repairs to

The maximum amount of INSURANCE an INSURER is willing or able to UNDERWRITE in a given metropolitan city block. Block limits are often used in areas that are deemed susceptible to CATASTROPHIC

A transaction record that covers a specific time period in an organization. Or a paper that prevents ink from bleeding between copies.

The text part of an ad that communicates the message. A copywriter usually writes this for the company advertising.

The ratigs used based on risk. The ratings are AAA, AA, A, BBB, BB, B, CCC, CC, C, DDD, DD, and D. The AAA is best and the D is worse ratings.

The amount a company is worth verses the shares worth on the trading room floor.

When an applicant is of less than presentable quality according to set standards.

The degree of heat required to ensure destruction of (virtually) all spores of Clostridium botulinum, the causative organism of botulism, which are the most resistant of bacterial spores.

A group of experts appointed to advise a government or politician.

Used to gauge the number of stocks advancing and declining for the day. If the breadth indicator is strong, this theory predicts that the market will be rising and vice versa.

A sudden, dramatic, and important discovery or development, esp. in science

A rule allowing a wide scope of information to be used in determining the ACTUAL CASH VALUE of property that has been damaged or destroyed and which is subject to a CLAIM

Paper print of an artwork or design which is also referred to as just bromide.

A cooperative arrangement whereby individuals are paired or teamed up and assume responsibility for one another’s instruction, productivity, welfare, or safety.

When you assess and formulate the projections by using an estimated cost of the task of objectives.

The process of grouping together many small retail trade ORDERS (i.e., ODD LOTS) and combining them into a single large order. Bunching often permits better execution levels and reduces the administrative expenses

A standard price per unit of insurance set by a state’s insurance rating bureau, the association of all the insurance companies authorized to write particular kinds of insurance in that state.

An agreement between businesses, usually motivated by cost reduction and improved service for the customer. Alliances are often bounded by a single agreement with equitable risk and opportunity share for all parties

Insurance designed to allow remaining partners or shareholders to purchase the portion of the company owned by a deceased partner or owner.

The franchisee is licensed to use the franchisor’s products and trademark. The franchisee is also trained by the franchisor in the business model and format including selling, marketing, personnel procedures, inventory, and